Which of the Following Is Not an Asset

question 105

Multiple Choice

Which of the following is not an asset?

• A)investments
• B)cash
• C)inventory
• D)stockholders' equity

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Definitions:

Weekly Cash Flows

The movement of cash in and out of a business on a weekly basis, indicating its operational liquidity position.

Annual Interest Rate

The percentage increase in money stored in a financial institution or invested, calculated on an annual basis.

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, utilizing a special post office box to speed up the deposit process.

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing at par, used by governments to raise funds and investors to park short-term funds.